Magellan Stock Financials

MGLN
 Stock
  

USD 94.99  0.00  0.00%   

Magellan Health Working Capital is quite stable at the moment as compared to the past year. The company's current value of Working Capital is estimated at 1.76 Billion.
  
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With this module, you can analyze Magellan financials for your investing period. You should be able to track the changes in Magellan Health individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Revenues

5.24 Billion

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Understanding current and past Magellan Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magellan Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Magellan Health's assets may result in an increase in income on the income statement.
The fundamental analysis of Magellan Health is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Magellan Health includes many different criteria found on its balance sheet. For example, investors should never minimize Magellan Health's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Magellan Health's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Magellan Health.

Magellan Health Cash

Chance Of Financial Distress
Less than 14
Magellan Health has less than 14 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Magellan Health stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Magellan Health's official financial statements usually reflect Magellan Health's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Magellan Health. For example, before you start analyzing numbers published by Magellan accountants, it's critical to develop an understanding of what Magellan Health's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Magellan Health's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magellan Health's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Magellan Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magellan Health. Please utilize our Beneish M Score to check the likelihood of Magellan Health's management to manipulate its earnings.

Magellan Health Company Summary

Magellan Health competes with Centene Corp, CVS Corp, Daqo New, Genesis Unicorn, and Mereo Biopharma. Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. As of January 4, 2022, Magellan Health, Inc. operates as a subsidiary of Centene Corporation. Magellan Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people.
Specialization
Healthcare, Healthcare Plans
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000019411
ISINUS5590792074
CUSIP161241708
RegionNorth America
LocationArizona; U.S.A
Business Address4801 E Washington
SectorHealthcare
IndustryHealthcare Plans
BenchmarkDOW
Websitewww.magellanhealth.com
Phone800 642 1716
CurrencyUSD - US Dollar
You should never invest in Magellan Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magellan Stock, because this is throwing your money away. Analyzing the key information contained in Magellan Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Magellan Health Key Financial Ratios

Generally speaking, Magellan Health's financial ratios allow both analysts and investors to convert raw data from Magellan Health's financial statements into concise, actionable information that can be used to evaluate the performance of Magellan Health over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magellan Health reports annually and quarterly.

Magellan Health Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories40.95 M40.82 M44.96 M43.33 M49.83 M52.52 M
Receivables660.77 M756.06 M890.07 M743.5 M669.15 M545.28 M
Accounts Payable74.3 M72.08 M88.42 M137.38 M123.64 M133.4 M
Total Assets2.96 B2.98 B3.09 B3.36 B3.86 B3.4 B
Current Assets1.48 B1.55 B1.67 B2.16 B2.48 B2.06 B
Assets Non Current1.47 B1.43 B1.42 B1.2 B1.38 B1.34 B
Cash and Equivalents398.73 M272.31 M115.75 M1.14 B1.32 B1.42 B
Total Debt853.74 M752.88 M682.62 M638.38 M734.13 M683.09 M
Debt Current112.85 M24.27 M3.49 M6.52 M5.87 M6.02 M
Debt Non Current740.89 M728.61 M679.12 M631.86 M726.63 M636.54 M
Shareholders Equity1.28 B1.29 B1.4 B1.87 B2.15 B1.84 B
Inventory40.95 M40.82 M44.96 M43.33 M39 M39.65 M
Investments327.87 M385.74 M101.66 M143.46 M129.11 M173.25 M
Investments Current310.58 M382.58 M98.8 M140.85 M161.97 M221.13 M
Total Liabilities1.68 B1.69 B1.69 B1.46 B1.68 B1.54 B
Current Liabilities892.3 M898.89 M910.15 M737.58 M848.22 M856.37 M
Tax Assets813 K3.41 M1.84 M1.84 M1.66 M1.7 M
Tax Liabilities26.52 M27.64 M11.42 M18.1 M16.29 M16.72 M

Magellan Health Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Magellan Health's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses5.57 B7.12 B6.93 B4.46 B4.01 B3.95 B
Consolidated Income110.14 M24.18 M55.9 M382.33 M439.69 M474.4 M
Cost of Revenue5.57 B4.78 B4.4 B4.46 B5.13 B5.05 B
Gross Profit271.02 M176.21 M161.14 M118.79 M106.91 M145.55 M
Interest Expense25.98 M35.18 M35.87 M30.86 M35.49 M38.3 M
Net Income110.21 M24.18 M55.9 M382.33 M439.69 M474.4 M
Operating Expenses115.71 M112.28 M110.37 M132.47 M152.33 M135.86 M
Operating Income155.31 M63.93 M50.77 M(13.67 M)(12.31 M)(12.63 M)
Revenues5.84 B4.96 B4.57 B4.58 B5.26 B5.24 B
Income Tax Expense25.08 M11.46 M9.16 M(44.53 M)(40.08 M)(41.13 M)

Magellan Health Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Magellan Health. It measures of how well Magellan is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Magellan Health brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Magellan had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Magellan Health has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(57.23 M)(68.28 M)(60.4 M)(75.48 M)(67.93 M)(73.3 M)
Depreciation Amortization and Accretion115.71 M132.66 M131.51 M118.75 M136.56 M129.17 M
Net Cash Flow or Change in Cash and Cash Equivalents94.22 M(125.95 M)78.88 M990.6 M1.14 B1.23 B
Net Cash Flow Business Acquisitions and Disposals(232.4 M)(958 K)(727 K)913.22 M1.05 B1.13 B
Issuance Purchase of Equity Shares22.59 M(39.58 M)28.58 M64.17 M73.79 M79.62 M
Issuance Repayment of Debt Securities238.34 M(122.24 M)(67.51 M)(51.67 M)(46.5 M)(47.72 M)
Net Cash Flow from Financing248.34 M(162.84 M)(43.41 M)13.14 M15.11 M16.3 M
Net Cash Flow from Investing(316.39 M)(128.43 M)(19.49 M)678.94 M780.78 M842.42 M
Net Cash Flow Investment Acquisitions and Disposals(26.75 M)(59.2 M)41.64 M(158.81 M)(142.92 M)(146.69 M)
Net Cash Flow from Operations162.27 M164.84 M115.85 M450.76 M518.38 M559.3 M
Share Based Compensation39.12 M29.47 M25.5 M25.45 M29.27 M33.03 M

Magellan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magellan Health's current stock value. Our valuation model uses many indicators to compare Magellan Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Health competition to find correlations between indicators driving Magellan Health's intrinsic value. More Info.
Magellan Health is considered to be number one stock in price to book category among related companies. It is considered to be number one stock in current ratio category among related companies fabricating about  2.26  of Current Ratio per Price to Book. Magellan Health Current Ratio is quite stable at the moment as compared to the past year. The company's current value of Current Ratio is estimated at 2.87. Comparative valuation analysis is a catch-all model that can be used if you cannot value Magellan Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magellan Health's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magellan Health's earnings, one of the primary drivers of an investment's value.

Magellan Health Market Fundamentals

 Quote94.99
 Change(%) 0.00 
 Change0.00 
 Open94.99
 Low94.99
 High94.99
 Volume0
 ExchangeNASDAQ

About Magellan Health Financials

What exactly are Magellan Health Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Magellan Health's income statement, its balance sheet, and the statement of cash flows. Potential Magellan Health investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Magellan Health investors may use each financial statement separately, they are all related. The changes in Magellan Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magellan Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Magellan Health is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Magellan grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Magellan Health Thematic Clasifications

Magellan Health is part of several thematic ideas from Healthcare to Health Management. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Healthcare Idea
HealthcareView
Health Management Idea
Health ManagementView

Magellan Health July 3, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Magellan Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magellan Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magellan Health based on widely used predictive technical indicators. In general, we focus on analyzing Magellan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magellan Health's daily price indicators and compare them against related drivers.
Downside Deviation0.178
Information Ratio1.19
Maximum Drawdown0.8456
Value At Risk(0.25)
Potential Upside0.3691
Additionally, see Stocks Correlation. Note that the Magellan Health information on this page should be used as a complementary analysis to other Magellan Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Tools for Magellan Stock

When running Magellan Health price analysis, check to measure Magellan Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magellan Health is operating at the current time. Most of Magellan Health's value examination focuses on studying past and present price action to predict the probability of Magellan Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magellan Health's price. Additionally, you may evaluate how the addition of Magellan Health to your portfolios can decrease your overall portfolio volatility.
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